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from the country's point of view, if we get a big deal, a big megateal, it will be very, very healthy for the finances. so i think we need to separate out what's good for the country versus what's good for the politics. in terms of the politics of it, i have been very surprised at how much the president is conceding, up front, without getting very much in return. in fact, as far as i can tell, he hasn't gotten anything in return. >> is that good for the country? the truth is, when you have a big "titanic" war like this, you want people to be agreeable, but you also want them to represent their interests, because they're supposed to represent the interests of a lot of people in the country. >> i'm someone who believes that the simpson/bowles commission report was a sound way to go. and they called for cutting $2 of spending for every $1 in tax increases or revenue increases. i thought that was pretty sound. in britain, they did three-for-one in the cameron conservative government. but there was always a one. there was always a revenue increase. i personally think that's the right way t
from the country's point of view, if we get a big deal, a big megateal, it will be very, very healthy for the finances. so i think we need to separate out what's good for the country versus what's good for the politics. in terms of the politics of it, i have been very surprised at how much the president is conceding, up front, without getting very much in return. in fact, as far as i can tell, he hasn't gotten anything in return. >> is that good for the country? the truth is, when you...
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Jul 14, 2011
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" too big to jail as well. if you take that money from working people and say you're important enough to keep, you who are blue collar work in the factories, you aren't, you're not only gutting your manufacturing base at a time china is ready to pass us, you're also saying to them some citizens are more important than others and i fundamentally reject that. >> let's do real world play acting. you're the president right now, you're facing this holding on the debt ceiling right now, what would you do differently than this president or anybody else to solve this problem? >> first, the hypothetical doesn't work because i didn't go on a two year spending binge when i controlled everything. secondly i control cap and balance the republicans alternative to this and i add we have to have a balanced budget amendment submitted to the states. if you listen to the american public, they're very concerned about this and rightly so. they also never want to be in this position again, i would argue cut cap balance and long term
" too big to jail as well. if you take that money from working people and say you're important enough to keep, you who are blue collar work in the factories, you aren't, you're not only gutting your manufacturing base at a time china is ready to pass us, you're also saying to them some citizens are more important than others and i fundamentally reject that. >> let's do real world play acting. you're the president right now, you're facing this holding on the debt ceiling right now,...
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Jul 23, 2011
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he was always striving for a big deal. from the speaker's perspective, the white house at the last minute from their view moved the goal posts. they -- what it sounds like, not only comes to some agreement on a framework, but they were talking real details on some of these proposals, having to do with cuts and spending cuts and medicare and enconstitutitlemen all that. after this agreement that they have come to -- it had reached, they say the white house moved the goal posts. and in their view, speaker bane her to step back, take stock of the situation and really look at the calendar very seriously. as he said had, to do something because the white house's vision was not in line with that of congress. and that's why speaker boehner has now made this very aggressive move saying he's now just working with congress on this. >> jessica, we're running very tight on time tonight. i want to get through a lot fast. is there a sense when you look at the numbers that both sides talk about, even if you take their conflicting version
he was always striving for a big deal. from the speaker's perspective, the white house at the last minute from their view moved the goal posts. they -- what it sounds like, not only comes to some agreement on a framework, but they were talking real details on some of these proposals, having to do with cuts and spending cuts and medicare and enconstitutitlemen all that. after this agreement that they have come to -- it had reached, they say the white house moved the goal posts. and in their...
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Jul 15, 2011
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and of course, these are very big boots to step into. and i have to say, from what i'd heard, it's no surprise that james murdock has not, it would seem, been fully equal to the task. though i think one has to be cautious and say it will be some time before we know the full story here as to what he knew and didn't know and what he did and didn't do. >> james murdock seemed to be the real champion of this giant deal over there for bskyb. and his father seems to be the one who say, no, we're not going to do that right now, we can't do it. is this deal to quote "the princess bride" all dead or only mostly dead? >> well, the deal, had it not been sunk as i think it has been by the scandal, would have been very good indeed. this british sky broadcasting has revenues of something over 6 million pounds, i believe. that may be dollars. in any event, a year, of which the profit is close to 1 billion pounds or dollars. it's an awful lot of money. compare that with the newspapers here that he owns which, you know, it's nickels and dimes. so the rea
and of course, these are very big boots to step into. and i have to say, from what i'd heard, it's no surprise that james murdock has not, it would seem, been fully equal to the task. though i think one has to be cautious and say it will be some time before we know the full story here as to what he knew and didn't know and what he did and didn't do. >> james murdock seemed to be the real champion of this giant deal over there for bskyb. and his father seems to be the one who say, no,...
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these cuts are big. they are really big and so it wouldn't be on this scale at all. >> okay. so, jessica listen. time is running out here in the u.s. if we default on the august 2nd deadline, if we don't come up with it to raise the debt ceiling, what realistically can lawmakers pass in this time? not a lot of time left. >> the likely option, the reid/mcconnell plan, being worked out in the u.s. senate right now, it will have to -- it's nobody's ideal option. it's not even necessarily going to please some of these ratings agencies that grade our credit. but it will get the debt ceiling raised and could get done in the amount of time we have left and that seems like the final fallback position for everybody. >> all right. gloria, the final word here. >> well, just to follow up on what jess is saying, i was talking to a senior republican today who described this backup plan as kind of the break glass kit, when have you an emergency, you go and break the glass, you pull it out, and you have something there to put out the fire. and i think they'll have to break the glass. >> glor
these cuts are big. they are really big and so it wouldn't be on this scale at all. >> okay. so, jessica listen. time is running out here in the u.s. if we default on the august 2nd deadline, if we don't come up with it to raise the debt ceiling, what realistically can lawmakers pass in this time? not a lot of time left. >> the likely option, the reid/mcconnell plan, being worked out in the u.s. senate right now, it will have to -- it's nobody's ideal option. it's not even...